Abstract:Saafan Markets Ltd. is a newly established trading platform headquartered in Saint Lucia, offering trading services exclusively in gold. Despite operating without regulatory oversight, Saafan Markets provides trading through the widely recognized MT4 platform. The company does not impose minimum deposits, leverage, spreads, or commissions, but also lacks account variety, educational resources, and bonus offerings. Customer support is available at their office in Saint Lucia.
Note: Saafan Markets's official website: https://www.yostlm.com/en.html is currently inaccessible normally.
Saafan MarketsReview Summary | |
Founded | 2024 |
Registered Country/Region | Saint Lucia |
Regulation | No regulation |
Market Instruments | Gold |
Demo Account | ❌ |
Leverage | / |
Spread | / |
Trading Platform | MT4 |
Min Deposit | / |
Customer Support | Physical Address: Ground Floor, The Sotheby Building, Rodney Village, Gros-lslet, Rodney Bay, Saint Lucia LC01401 |
Saafan Markets Ltd. is a newly established trading platform headquartered in Saint Lucia, offering trading services exclusively in gold. Despite operating without regulatory oversight, Saafan Markets provides trading through the widely recognized MT4 platform. The company does not impose minimum deposits, leverage, spreads, or commissions, but also lacks account variety, educational resources, and bonus offerings. Customer support is available at their office in Saint Lucia.
The search revealed that Saafan Markets registered its website in 2024, but as of now, it is no longer accessible. Saafan Markets is also being left unregulated.
Pros | Cons |
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Saafan Markets specializes exclusively in gold trading, providing a focused market instrument for investors interested in precious metals. This singular asset focus allows traders to capitalize on market movements in gold, a widely regarded safe-haven asset. However, the lack of diversification into other tradable assets might limit opportunities for those seeking to spread risk across different markets.
Tradable Instruments | Supported |
Gold | ✔ |
Forex | ❌ |
Indices | ❌ |
Stocks | ❌ |
Bonds | ❌ |
ETF | ❌ |
Saafan Markets says it supports commission-free trading.
Saafan Markets offers MT4 trading platform to traders.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Beginner | |
MT5 | ❌ |
Clients can contact this broker through the following contact channels:
Address: Ground Floor, The Sotheby Building, Rodney Village, Gros-Islet, RodneyBay, Saint Lucia LC01401.
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According to the Broker, The website (https://mcmarkets.com) is owned and operated by MAGIC COMPASS GLOBAL LIMITED and MAGIC COMPASS LTD. MAGIC COMPASS GLOBAL LIMITED is a registered entity in Seychelles registered at IMAD Complex, Office 12, 3rd Floor, Ile Du PORT, Mahe, Seychelles, Registration Number: 8434985-1